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Friday, April 12, 2014 – Trade Secrets

Trade Secrets by Sinclair Noe DOW – 0.08 = 14,865SPX – 4 = 1588NAS – 5 = 329410 YR YLD – .07 = 1.72%OIL – 2.85 = 90.66GOLD – 84.00 = 1478.00SILV – 1.81 = 25.95 The S&P 500 is up about 2.4 percent for the week, and the Dow up about 1.8 percent and Nasdaq up about 2.4 percent. The S&P has only had two weeks in 2013 with bigger gains. For the year, the Dow has gained more than 13 percent and the Nasdaq is up 8.7 percent. Retail sales fell in March for the second time in three months and consumer confidence dropped in April. Sales fell 0.4 percent in March. Consumer spending was considerably weaker in the first quarter than estimated. Core sales, which strip out cars, gasoline and building materials, fell 0.2 percent last month. This measure corresponds closely with the consumer spending component of the government’s measure of gross domestic product. It is widely believed that the end of the payroll tax holiday is related to the drop in consumer spending. Going a step further, growth is expected to slow sharply in the second quarter largely because fiscal policy tightened further in March. A separate report from Thomson Reuters/University of Michigan shows the consumer sentiment index dropping ot 72.3 in April, the lowest level since last summer. Producer prices, or prices at the wholesale level, fell 0.6 percent in March, their biggest drop in 10 months, as gasoline prices tumbled. In the 12 months …

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Monday, April 08, 2013 – Cat Food Futures Soar on Chained CPI

The Wealth Protection Conference was a bundle of fun. The whole thing was recorded on 9 CDs. You can order the CD recordings (or MP3 recordings are less expensive). Call Resource Consultants at 800-494-4149. Cat Food Futures Soar on Chained CPI by Sinclair Noe DOW + 48 = 14,613SPX + 9 = 1563NAS + 18 = 322210 YR YLD + .04 = 1.79%OIL +.82 = 93.52GOLD – 9.60 = 1573.70SILV – .05 = 27.40 The S&P 500 fell 1 percent last week as US payrolls had the smallest gain in nine months in March. The economy added 88,000 jobs in March, even though prior month job gains were revised higher; the unemployment rate dipped to 7.6%, mainly because more people left the labor market and are no longer counted for one reason or another. The idea is that some people just retire, or other people just can’t find a job, so they drop out of the workforce. One reason that so many people are just dropping out of the workforce now is the shortening of the period of extended unemployment benefits. As long as people are receiving unemployment insurance they have to be looking for work. When their period of eligibility ends, most people just drop out of the labor force. The period of extended benefits was shortened in most states at the end of 2012. As a result, many people went from being classified as unemployed (no job, but looking for work) to being out of the labor force …

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